Juneyao Airlines Co., Ltd (SHA:603885)

Juneyao Airlines Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	21,833	21,845	19,888	8,097	11,615	9,995
Other Revenue	250.42	250.42	207.55	113.06	151.85	106.46
Revenue	22,084	22,095	20,096	8,210	11,767	10,102
Revenue Growth (YoY)	1.73%	9.95%	144.76%	-30.23%	16.49%	-39.69%
Cost of Revenue	19,476	18,978	17,174	11,164	11,744	10,273
Gross Profit	2,608	3,117	2,922	-2,954	23.43	-171.7
Selling, General & Admin	1,426	1,288	1,221	924.65	973.01	880.96
Research & Development	60.33	60.43	77.96	67.51	78.43	48.54
Other Operating Expenses	-958.37	-782.16	-866.57	-602.53	-765.45	-612.69
Operating Expenses	549.89	579.31	435.73	389.68	298.05	323.71
Operating Income	2,058	2,538	2,486	-3,343	-274.62	-495.41
Interest Expense	-1,124	-1,351	-1,395	-1,017	-775.04	-534.6
Interest & Investment Income	43.96	30.37	33.56	21.06	27.72	120.04
Currency Exchange Gain (Loss)	-136.38	-136.38	-135.75	-1,062	219.44	146.32
Other Non Operating Income (Expenses)	3.28	-6.73	-6.84	-22.36	114.95	-0.81
EBT Excluding Unusual Items	844.84	1,074	982.15	-5,424	-687.55	-764.45
Gain (Loss) on Sale of Investments	1.96	1.86	-13.44	-13.72	-35.28	-5.07
Gain (Loss) on Sale of Assets	8.63	0.05	10.53	33.63	44.01	13.55
Asset Writedown	-1.69	-1.69	-1.85	-110.47	-0.57	-
Other Unusual Items	124.78	124.78	27.05	29.65	45.49	109.96
Pretax Income	978.53	1,199	1,004	-5,485	-633.9	-646.02
Income Tax Expense	246.08	284.75	218.9	-1,316	-156.08	-160.53
Earnings From Continuing Operations	732.45	913.9	785.54	-4,169	-477.82	-485.48
Minority Interest in Earnings	0.31	0.39	-7.52	21.62	0.57	11.7
Net Income	732.76	914.28	778.01	-4,148	-477.26	-473.78
Net Income to Common	732.76	914.28	778.01	-4,148	-477.26	-473.78
Net Income Growth	-18.11%	17.52%	-	-	-	-
Shares Outstanding (Basic)	2,168	2,177	2,223	2,043	1,989	1,974
Shares Outstanding (Diluted)	2,168	2,177	2,223	2,043	1,989	1,974
Shares Change (YoY)	-1.55%	-2.07%	8.79%	2.75%	0.73%	7.19%
EPS (Basic)	0.34	0.42	0.35	-2.03	-0.24	-0.24
EPS (Diluted)	0.34	0.42	0.35	-2.03	-0.24	-0.24
EPS Growth	-16.82%	20.00%	-	-	-	-
Free Cash Flow	6,502	6,739	5,873	-1,489	-489.88	24.72
Free Cash Flow Per Share	3.00	3.10	2.64	-0.73	-0.25	0.01
Dividend Per Share	0.100	0.190	0.069	-	-	0.100
Dividend Growth	-37.11%	175.36%	-	-	-	-
Gross Margin	11.81%	14.11%	14.54%	-35.98%	0.20%	-1.70%
Operating Margin	9.32%	11.48%	12.37%	-40.72%	-2.33%	-4.90%
Profit Margin	3.32%	4.14%	3.87%	-50.52%	-4.06%	-4.69%
Free Cash Flow Margin	29.44%	30.50%	29.23%	-18.14%	-4.16%	0.24%
EBITDA	3,335	3,711	3,521	-2,504	508.57	393.6
EBITDA Margin	15.10%	16.80%	17.52%	-30.50%	4.32%	3.90%
D&A For EBITDA	1,277	1,173	1,035	838.99	783.19	889.01
EBIT	2,058	2,538	2,486	-3,343	-274.62	-495.41
EBIT Margin	9.32%	11.48%	12.37%	-40.72%	-2.33%	-4.90%
Effective Tax Rate	25.15%	23.76%	21.79%	-	-	-
Revenue as Reported	22,084	22,095	20,096	-	-	10,102
Advertising Expenses	-	-	-	-	2.72	2.52

Source: S&P Global Market Intelligence. Standard template. Financial Sources.